Eh, it's a bit of a toss up between 3 and 4 to me. 3 does have a few advantages. First, you had a reason to not perform an All-Out-Attack (since doing so would un-stun the enemies, while in 4, you had to hit them all with weaknesses twice, which was way more difficult), which added some tactical choice. Second, it had three types of physical attacks, which really helped the physical game (and made Margaret a lot harder than she was in P4).
I think each has aspects of the best system, but that combining them could make one better than either.
Chrono Trigger has the best ATB system. Better than VII, better than X-2. If nothing else than for combo attacks, and the importance it gave to timing.




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